Publication
The impact of terrrorism attacks on stock market performance: evidence from Israel
| Summary: | This%is%a%study%on%the%impact%of%terrorism%attacks%on%stock%market%performance,%evidence% from%Israel.% % The%study%deals%with%the%question%“Which%effect(s)%do%terrorism%attacks%have% on%stock%market%performance%in%the%short%run?”%The%examines%the%short%term%impact%of% suicide%boom%terror%attacks%on%the%Israeli%stock%market,%Palestinian%stock%market,%Financial% sector% and% armament% manufactures,% performed% with% an% event% study% methodology% to% estimate%the%abnormal%returns%of%the%stock%prices%of%the%acquired%induces%and%firms%after% the%dates%when%the%terror%attack%happened.%The%terror%attacks%include%in%this%study%occurred% between%2003%until%2008.%The%results%overwhelmingly%show%signs%of%underperformance.% However,%there%are%indications%that%this%underperformance%does%not%continue%in%the%long% run.%Furthermore,%the%results%indicate%that%this%underperformance%is%different%for%different% subFgroups.% |
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| Main Authors: | Hellou, Rawy |
| Subject: | Terrorism Israel Palestine Stock market |
| Year: | 2017 |
| Country: | Portugal |
| Document type: | master thesis |
| Access type: | open access |
| Associated institution: | Universidade Nova de Lisboa |
| Language: | English |
| Origin: | Repositório Institucional da UNL |
| Summary: | This%is%a%study%on%the%impact%of%terrorism%attacks%on%stock%market%performance,%evidence% from%Israel.% % The%study%deals%with%the%question%“Which%effect(s)%do%terrorism%attacks%have% on%stock%market%performance%in%the%short%run?”%The%examines%the%short%term%impact%of% suicide%boom%terror%attacks%on%the%Israeli%stock%market,%Palestinian%stock%market,%Financial% sector% and% armament% manufactures,% performed% with% an% event% study% methodology% to% estimate%the%abnormal%returns%of%the%stock%prices%of%the%acquired%induces%and%firms%after% the%dates%when%the%terror%attack%happened.%The%terror%attacks%include%in%this%study%occurred% between%2003%until%2008.%The%results%overwhelmingly%show%signs%of%underperformance.% However,%there%are%indications%that%this%underperformance%does%not%continue%in%the%long% run.%Furthermore,%the%results%indicate%that%this%underperformance%is%different%for%different% subFgroups.% |
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